Tag Archives: EssilorLuxottica

Luxottica acquires the Institute of Research and Studies in Optics and Optometry in Vinci.

Luxottica acquires the Institute of Research and Studies in Optics and Optometry in Vinci.

IRSOO is a historic school of optics and optometry that is among the most prestigious in Italy. The investment in Tuscany will allow the enhancement of an Italian excellence, preserving its quality and autonomy, and providing resources to support its future development, benefitting the entire sector. Together with IRSOO, Luxottica will be able to invest

EssilorLuxottica celebrates successful 2019 International Share Ownership Plan

EssilorLuxottica announced the results of of eligible employees. After this operation, more than 56,000 EssilorLuxottica employees now hold a financial stake in the company. In November this year, EssilorLuxottica introduced the first employee share ownership initiative of the new combined Group, extending it for the first time to 12,000 eligible Luxottica employees in Italy. The plan this year

EssilorLuxottica enters Fortune magazine’s 2019 Change the World list

EssilorLuxottica has made Fortune magazine’s 2019 Change the World list, taking the 17th spot on this annual prestigious list, which recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Among 52 companies, the Group is honored in particular for its commitment to bring good vision for everyone everywhere and eradicate poor

EssilorLuxottica to acquire HAL’s 76.72% interest in GrandVision

EssilorLuxottica S.A. announced an agreement with Hal Optical Investments B.V. , a wholly-owned subsidiary of HAL Holding N.V, for the sale of HAL’s 76.72% ownership interest in GrandVision N.V. EssilorLuxottica will buy HAL’s shares for a price of Euro 28 per share, to be increased by 1.5% to Euro 28.42 if closing of the Transaction

EssilorLuxottica confirms its interest in GrandVision

EssilorLuxottica confirms it is having discussions to purchase the 76.72% ownership interest in GrandVision N.V. of HAL Holding N.V. No agreement has yet been reached and no assurance can be provided that these discussions will lead to such an agreement. In addition, completion of the transaction would be subject to customary conditions precedent including approval

EssilorLuxottica and Delfin sign settlement agreement to solve EssilorLuxottica’s governance issue

EssilorLuxottica announced that EssilorLuxottica and Deflin S.à.r.l. agreed upon a settlement agreement to overcome the governance issues and set the basis for a renewed start of profound collaboration between Essilor and Luxottica. The agreement settles any existing dispute among the parties. The Board of Directors of EssilorLuxottica unanimously supported and approved this agreement aimed at